Fund Controller

THE SEARCH:

Altus Partners has been engaged by a boutique investment firm to assist in the recruitment of a highly skilled and experienced Fund Controller. This individual will join the senior finance leadership team and assume full responsibility for overseeing investor reporting and fund strategy.

The investment firm boasts an impressive track record in the Private Equity sector and maintains an active investment strategy with a robust pipeline of growth opportunities and acquisitions. The Fund Controller role offers a unique breadth of responsibilities, involving collaboration with multiple stakeholders. This position will be at the forefront of the business and finance operations, serving as the primary resource for cash management and all aspects of hands-on accounting in a challenging yet highly rewarding environment.

Additionally, the selected candidate will play a pivotal role in spearheading various finance transformation initiatives within the finance team. This will entail driving positive change and actively participating in commercial and strategic decision-making processes.

THE ROLE:

• Quarterly Reporting, all aspects of financial reporting for multiple Funds
• Review the calculation of NAV adjustments for each investment
• Preparation of fund level financial statements for the quarterly report including the fund level consolidation
• Preparation of the quarterly Partner Capital Account Statements
• Calculation of the accrued carried interest for Funds
• Fund Model/Strategy & General, responsibility for all Fund level capital planning
• Strategic and commercial oversight of Funds
• Review and input to all Fund LPAs from drafting through to execution to ensure reporting and management of Funds from inception to liquidation
• Review and monitor fund-level models for integrity and oversight to ensure consistency with LPA, fund strategy and underlying business plans.
• Investor reporting, all aspects of investor requests, both routine reporting for Investors and adhoc requests including cashflow forecasts.
• All investor audit questionnaires
• Investor due diligence questionnaires for fundraising and other
• Preparation of all aspects of accounts in respect of audit working papers for Funds
• Preparation of statutory financial statements in accordance with IFRS/UK GAAP
• Liaising with UK and Lux auditors regarding all aspects of audit planning
• Prepare all investor drawdown notices and distribution notices

THE REQUIREMENTS:

• Update and review of all Fund/Investment numbers in all fund-raising marketing/PPM documentation
• Attendance at GP board meetings and preparation of minutes.
• Preparation and update of Finance team process notes & valuation process notes
• Fund structure charts